New York, Feb 3, 2026, 09:25 EST — Premarket
- Verizon shares slipped slightly ahead of the opening bell.
- A recent SEC Rule 144 notice revealed an upcoming insider share sale.
- Analysts zoomed in on churn rates, slashed spending, and competitor reactions.
Verizon shares dipped roughly 0.5% to $44.38 in premarket action Tuesday, following a modest 0.2% gain to $44.61 on Monday. (StockAnalysis)
The stock now finds itself in a more confined range. Recent analyst reports have shifted the post-earnings rally from a simple spike to a challenge of sustained momentum rather than a one-off rating boost.
Last week, Verizon unveiled a more robust capital-return strategy along with a 2026 forecast focused on subscriber gains and cash flow. This move nudges the company back into the “defensive, pays-you-to-wait” category for certain investors. (Verizon)
A Form 144 filing with the U.S. Securities and Exchange Commission revealed an intended sale of 9,580 Verizon shares, valued at roughly $430,000, via Fidelity Brokerage Services LLC on the New York Stock Exchange. This form signals an intent to sell under SEC Rule 144 but doesn’t confirm that a sale has taken place. (Sec)
Bernstein SocGen Group lifted its price target on Verizon to $48 from $44, maintaining a market-perform rating. Analyst Laurent Yoon noted a shift in sentiment from “cautious to intrigued,” but highlighted ongoing concerns: how Verizon will cut capital spending and how rivals will respond to its momentum. (Investing)
TD Cowen raised its price target on Verizon to $54 from $51, citing the carrier’s ability to grow phone subscribers alongside free cash flow if churn continues to fall. The firm highlighted possible synergies from the Frontier Communications deal and sees opportunities to cut costs and capex. (Investing)
AT&T Inc has finalized its $5.75 billion purchase of Lumen Technologies’ mass-markets fiber business, stepping up its fiber expansion as Verizon pushes to grow its own network. (PR Newswire)
Investors are on alert for any indication that Verizon’s drive to boost net additions could spark a harsh price war. While promotions can quickly attract subscribers, they risk eroding service revenue and squeezing margins if competitors follow suit.
There’s another hitch. Capital spending cuts often shine on paper but quickly turn problematic when network performance falters or customer service lags.
The week’s macro calendar is shifting beneath traders’ feet. The U.S. Bureau of Labor Statistics announced a delay for the January employment report due to a partial government shutdown. Lawmakers were set to vote on funding measures Tuesday, potentially determining when the data will be released. (Reuters)
